1 گھنٹے پہلے
PepsiCo tells Indian court 'energy drink' label ban could empty its shelves in two months
PepsiCo has told an Indian court that its best-selling products could be out of stock nationwide within two months if the ban on the "energy drink" label continues. Rival Red Bull is free to keep selling its own drinks for now. PepsiCo's Sting, launched in 2017, has grown quickly, especially among teenagers and in rural markets. The ban would hit its India business hard.
1 گھنٹے پہلے
12 گھنٹے پہلے
Dollar Hits 18-Month High, Then Retreats as Investors Await a Patient Fed
US inflation data came in above expectations, briefly reviving market expectations that the Federal Reserve will raise interest rates this month. The dollar index climbed as high as 102.94 during the session, an 18-month high. Investors then digested the data, and expectations shifted back to a patient Fed. The dollar's gains narrowed but it still ended higher, closing at 102.53.
12 گھنٹے پہلے
14 گھنٹے پہلے
Wheat Futures Rise 0.6% as Winter Wheat Planting Lags 5-Year Pace
Wheat futures closed higher Wednesday on the Chicago Board of Trade after the USDA's delayed Crop Progress report showed winter wheat planting running behind the normal pace. The report said 51% of the winter wheat crop had been planted, 7 percentage points behind the five-year average. Corn harvesting was 33% complete, also 6 points behind that average. Soybean and corn futures finished lower.
14 گھنٹے پہلے